Is My Credit Score Good Enough for a Mortgage?

There is no specific credit score required for a mortgage, as lenders consider multiple factors. Generally, a score above 670 offers access to favorable interest rates, while scores below 620 are subprime and come with higher rates. FHA loans require a minimum score of 580 for low down payments. Higher credit scores lead to lower interest rates, significantly affecting monthly payments and total interest paid. Checking your credit score and report is essential, and it does not impact your score.